1517 Empire Blvd Webster, NY 14580-2103
- Turn key restaurants
- 8,353 SF
- 2.30 lot acres
Current Use by Public Records
- Capone's Bar & Italian Eatery / Restaurant
Property Details for 1517 Empire Blvd
- Year built
- 1980
- Lot size
- 2.30 lot acres
- Property size
- 8,353 SF
- Zone code
- LB
- Property type
- Turn key restaurants
- APN
- 264200 108.06-1-5
- APU
- 2642001080615
Description
This 8,000-square-foot restaurant in Webster, NY, presents a unique owner-user opportunity. Located at 1517 Empire Blvd, this Class B property sits on a 2.3-acre lot with ample parking (50 spaces) and is zoned for limited business use. Built in 1980 and renovated five years ago, the single-story building boasts a large main dining area with a capacity of 145, a stage for live music, a dance floor, and a substantial bar area (36' x 88', seating 20). Two additional front rooms, each with a 45-person capacity, offer flexibility for expansion or separate leasing. The property includes a full, equipped kitchen, two walk-in coolers, and a spacious, 13-course-high basement ideal for storage. Three furnaces and three air conditioning compressors ensure climate control. The building features 400 amps of electric service with multiple sub-panels. The sale includes most furniture, fixtures, and equipment (FF&E), with a few exceptions. The current tenant is relocating by December 30, 2023, making this a turnkey operation ready for immediate occupancy on November 29, 2023. Two outdoor patios and ample green space provide additional seating and event possibilities. Owner financing is available with an acceptable down payment. The asking price is $1,400,000 ($175/sq ft).
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $355,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $543,000
- AI Estimate
- $531,000
Market price range: $471k - $1.65MMarket price range: $532k - $976k
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Location Insight
- Map
- Local Demand
- City
- Webster
- County
- Monroe
- State
- New York
- Longitude
- -77.5113
- Latitude
- 43.1785
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA